The Boyd Group Inc. announced that it has opened a Gerber Collision & Glass repair center in Littleton, Colo. This location previously operated as a warehouse and office but has been converted to a state-of-the-art collision repair facility. Littleton is the county seat of Arapahoe County and included in the Denver metropolitan area with a […]
Dismantlers Association Says California’s Underground Economy of Unlicensed Auto Dismantling Surging
The State of California Auto Dismantlers Association (SCADA) is drawing public attention to the need to extend a highly effective DMV strike team program that was established to combat the underground economy of illegal auto dismantlers. This first in the nation program expired December 30 and could be extended provided legislation advances by January 24. […]
Snapsheet and FRISS partner on Fraud Detection
FRISS announced a partnership with Snapsheet that will enable Snapsheet customers to benefit from seamless fraud detection, built directly into their core system and everyday workflows. “We applaud Snapsheet’s ability to help carriers provide their customers with services at the speed they demand,” noted FRISS CEO and Co-founder Jeroen Morrenhof. “We’ve worked closely for several […]
Matthew Smith Named Executive Director of Coalition Against Insurance Fraud
Matthew J. Smith, Esq has been named executive director of the Coalition Against Insurance Fraud. Smith has served as the Coalition’s director of government affairs and general counsel since 2018. The Coalition is a nonprofit alliance of more than 200 consumer groups, insurers, government agencies and other organizations. The Coalition combats all forms of insurance […]
Property/Casualty Insurers Report Increase in Net Underwriting Gains in First 9 Months of 2019
Net income shows small decline, but industry has record Surplus of over $70 billion. The private U.S. property/casualty insurance industry saw its net underwriting gains increase to $5.4 billion in the first nine months of 2019 from $4.7 billion a year earlier, bolstered by growth in premiums and a drop in catastrophe losses, and its […]
New Mountain Capital Invests in Classic Collision
Classic Collision, Inc., the Atlanta, Ga.-based multi-store operator (MSO) of 34 collision repair facilities in the Southeastern U.S., announced that it has partnered with New York-based New Mountain Capital, a growth-oriented investment firm with over $20 billion in assets under management. Terms of the transaction were not disclosed. Founded in 1983, Classic is currently the […]
Auto Body Parts Association to Appeal Ford Design Patent Lawsuit to U.S. Supreme Court
The Automotive Body Parts Association (ABPA) said it is continuing its efforts to challenge the validity and enforceability of design patents directed toward automotive body repair parts. In July 2019, the United States Court of Appeals for the Federal Circuit published its public opinion rejecting arguments by the ABPA that design patents covering a hood and […]
PPG Reports Fourth Quarter Sales Up Versus 2018
Reports above market refinish performance in U.S. and Canada. PPG (NYSE:PPG) reported fourth quarter 2019 net sales of nearly $3.7 billion, up approximately 1% versus the prior year. Net sales in constant currencies grew about 2% year-over-year, aided by higher selling prices of almost 2%. Sales volumes declined nearly 3% versus the prior year. Unfavorable […]
Business Groups Applaud Senate Passage of USMCA
Automotive and general business groups are applauding the passage of the the U.S.-Mexico-Canada Agreement (USMCA) that was negotiated in 2018 to replace the existing North American Free Trade Agreement (NAFTA). In a rare display of bi-partisanship in the face of the impeachment trial of President Trump, the Senate voted 89-10 yesterday in support of the […]
NABC Day Features Recycled Rides Presentation
The National Auto Body Council (NABC) presented three refurbished vehicles to deserving Palm Springs residents during its golf tournament held as part of its second annual NABC Day festivities on Tuesday at the Tahquitz Creek Golf Club in Palm Springs, Calif. Recipients in the NABC Recycled Rides included: Maryjane Cano-Cruz, an 18-year-old student at California […]
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